Stock Yards Bancorp
SYBT
171 hedge funds and large institutions have $805M invested in Stock Yards Bancorp in 2024 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 55 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
40% more call options, than puts
Call options by funds: $478K | Put options by funds: $342K
7% more funds holding
Funds holding: 160 → 171 (+11)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 55
1.9% less ownership
Funds ownership: 58.03% → 56.13% (-1.9%)
8% less capital invested
Capital invested by funds: $876M → $805M (-$70.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIG
NFJ Investment Group
Dallas,
Texas
|
+$3.31M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$2.4M |
| 3 |
Millennium Management
New York
|
+$2.2M |
| 4 |
Renaissance Technologies
New York
|
+$1.78M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.4M |
| 2 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
-$6.04M |
| 3 |
BlackRock
New York
|
-$3.64M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$3.43M |
| 5 |
SYBT
Stock Yards Bank & Trust
Louisville,
Kentucky
|
-$2.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VA
176
Vident Advisory
Alpharetta,
Georgia
| – | -$258K | -5,014 | Closed |
|
|
GAB
177
German American Bancorp
Jasper,
Indiana
| – | -$230K | -4,465 | Closed |
|
178
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$74.7K | -1,450 | Closed |
|
|
ASN
179
Advisory Services Network
Atlanta,
Georgia
| – | -$33.6K | -652 | Closed |
|
|
TWM
180
Tradition Wealth Management
Edina,
Minnesota
| – | -$21K | -400 | Closed |
|
|
ACM
181
Aquatic Capital Management
Chicago,
Illinois
| – | -$5K | -100 | Closed |
|
182
Simplex Trading
Chicago,
Illinois
| – | -$710 | -15 | Closed |
|
SYBT Hedge Fund Activity: Q1 2024 in Review
171 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q1 2024, worth a combined $805M — down 8.1% from $876M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SYBT positions and 12 closed out — a net gain of 11 holders — while 55 added to existing stakes and 55 trimmed.
The largest buyer was NFJ Investment Group, opening a new position worth an estimated $3.31M. The largest seller was Morgan Stanley, cutting an estimated $20.4M.
- 171 institutional investors held Stock Yards Bancorp (SYBT) as of Q1 2024, up from 160 in Q4 2023.
- Funds reported $805M of Stock Yards Bancorp stock for Q1 2024, down 8.1% quarter-over-quarter.
- 23 funds opened new Stock Yards Bancorp positions in Q1 2024 and 12 closed out, a net change of +11 holders.
- The largest Stock Yards Bancorp buyer in Q1 2024 was NFJ Investment Group, an estimated $3.31M added.
- The largest Stock Yards Bancorp seller in Q1 2024 was Morgan Stanley, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2024.